Benefitting the community through local scholarship

RBC Wealth Management has taken an active role in helping young Caymanians enter the world of finance through its scholarship programme.

Kimberly Robinson was the 2007 recipient of the Royal Bank of Canada Wealth Management Scholarship and upon completion of her studies she joined the company a year ago.

She graduated from the University of Kent in August 2010 with a Bachelors of Law (Honours) degree and thereafter attended The College of Law of England and Wales where she passed the Legal Practice Course with a commendation.

The scholarship presented Ms Robinson with an opportunity she might not otherwise have had access to.

“I am sincerely grateful to RBC Wealth Management for allowing me the opportunity to pursue my education. Throughout the years everyone at the company has been very encouraging and supportive of my endeavours. Now that I have completed my studies I look forward to giving back positively to the company,” she said.

The RBC Wealth Management Scholarship, valued at up to US$25,000 per annum, is awarded to one recipient for a four-year period and comes with practical work experience at the company as well as the opportunity for future employment. The scholarship is aimed to support the educational development of young Caymanians wishing to pursue a career in the finance industry.

As part of the scholarship programme, scholarship recipients take part in a graduate work experience programme, which allows them to rotate between the different business lines and functional support areas within RBC Wealth Management including trusts, investments, corporate and institutional, private banking and human resources. The graduate work experience programme is geared toward providing university graduates with a holistic view of the company’s business and integrated solutions, while giving them on-the-job training in their chosen field and affording them the opportunity to build on and develop skills gained in college.

According to the company, as a full service wealth management provider, the company has designed the scheme to ensure that its graduates understand all areas of the company’s business. This means that they are far better equipped to decide which area they wish to specialise in and makes them more rounded professionals, to the ultimate benefit of the client.

Head of Wealth Management for the Caribbean and Managing Director for RBC Deanna Bidwell commented, “At RBC Wealth Management we are fully committed to supporting and investing in education and helping young Caymanians reach their full potential.”